Vision Marine Technologies Inc. (NASDAQ:VMAR) shares are trending on Wednesday.Check out the current price of VMAR stock here.Shares of the Canadian company fell 13.43% to $0.84 in after-hours trading on Tuesday.Dilutive Offering Triggers SelloffVision Marine Technologies filed an amended Form F-1 registration statement, used by foreign private issuers to register securities for public sale in the U.S., with the Securities and Exchange Commission on Monday.The SEC filing seeks to offer up to 15.09 million c ...

Core Insights - Vision Marine Technologies Inc. has entered into a commercial lease and purchase option agreement for the Anglers Avenue Marine Center in Dania Beach, Florida, enhancing its strategic waterfront asset in Fort Lauderdale [1][2] Group 1: Marina Operations and Expansion - The marina generated approximately US$3.2 million in 2024 through limited storage and service activities, with plans to expand from 109 active slips to a capacity approaching 300 vessels, supporting multi-million-dollar recurring storage revenue annually [2][4] - The expansion plan includes enhanced dealership-level service operations driven by maintenance, repairs, and long-term customer programs at a new Service & Parts Center, positioning the marina as a regional hub for E-Motion™ electric-boat integrations [2][4] Group 2: Strategic Importance and Future Plans - The lease agreement allows Vision Marine to acquire the property in the future and includes a Right of First Refusal for third-party offers, marking a pivotal step toward a vertically integrated marine dealership business [3][4] - The Anglers Avenue site is strategically located 3.3 miles from Fort Lauderdale-Hollywood International Airport, providing exceptional visibility and access for boaters, which is expected to improve operational efficiency across various services [4] Group 3: Company Overview - Vision Marine Technologies operates in the marine technology and retail sector, delivering premium boating experiences across both internal combustion and electric segments, with an integrated ecosystem that spans propulsion, retail, service, and consumer engagement [5]

Shares of Vision Marine Technologies Inc (NASDAQ:VMAR) rose sharply in pre-market trading after the company announced financial results for the fiscal year ended Aug. 31, 2025 and highlighted strategic expansion following Nautical Ventures acquisition.Between the date of acquisition on June 20, 2025, and the end of the company's fiscal year on Aug. 31, 2025, Nautical Ventures recorded revenue of $12.8 million and gross profit of $4.7 million.Vision Marine Technologies shares jumped 10.5% to $1.36 in the pre ...

Accessibility StatementSkip Navigation Vision Marine Technologies Inc. (NASDAQ: VMAR) is a marine technology company offering premium on- water experiences across electric and ICE segments. Through its two pillars — high-voltage electric propulsion technology and the Nautical Ventures multi-brand retail and service network — Vision Marine delivers a scalable marine platform built for consumer experience and long-term growth. For more information, visit www.visionmarinetechnologies.com. Forward-Looking State ...

Financial Performance - The company reported a net loss of $21,651,993 for the fiscal year ended August 31, 2025, compared to a net loss of $10,383,171 for the previous fiscal year, indicating a significant increase in losses [29]. - Total liabilities as of August 31, 2025, amounted to $61,462,255, with $32,511,664 related to notes payable for inventory financing [30]. - The company issued 2,986,234 common shares and 1,470,000 pre-funded warrants during the year for net proceeds of $25,103,817, indicating ongoing capital-raising efforts [32]. - The company identified a material weakness in internal controls over financial reporting, which could lead to potential misstatements in financial statements [52]. - The company does not intend to pay dividends for the foreseeable future, focusing instead on capital appreciation for shareholders [118]. - Future equity offerings may lead to substantial dilution of existing shareholders' ownership interests and net tangible book value per share [116]. - The weighted average interest rate on floor plan facilities was 9.7% as of August 31, 2025 [143]. - The balance on all floor plan financings as of August 31, 2025, was $32,511,664 [146]. Market and Economic Conditions - Demand for recreational boats is highly volatile and can be adversely affected by economic downturns, impacting sales and revenues [34]. - Adverse weather conditions during peak boating seasons can materially affect sales and rentals, potentially leading to lower-than-expected annual results [35]. - Rising interest rates could negatively impact consumer financing for boat purchases, affecting overall sales [36]. - Inflationary pressures on raw materials and wages may adversely affect the company's financial results and consumer purchasing behavior [37]. - The company generated the majority of its revenues for the 2025 fiscal year in the United States, exposing it to currency translation and transaction risks due to fluctuations in exchange rates [48]. - The average CAD-USD exchange rate during fiscal 2025 ranged from C$1.4390 to C$1.3546 per $1.00, indicating significant volatility [49]. Operational Risks and Challenges - The acquisition of Nautical Ventures on June 20, 2025, is expected to significantly impact the company's assets and revenues, although integration challenges may arise [33]. - The company relies on key personnel for its operations, and the loss of any of these individuals could adversely affect business performance [38]. - The company is subject to various regulations, and any breaches could have a material adverse effect on its operations and financial results [39]. - The company relies on manufacturers for quality boating products, and any disruptions in their operations could adversely affect inventory availability and business performance [70]. - The company relies on a limited number of suppliers for key components, which may lead to supply chain risks [93]. - The company faces intense competition in a fragmented recreational boat industry, impacting sales and market share [72]. - The company faces risks related to labor and union activities, which could increase employee costs and the risk of work stoppages [105]. - The company relies on network and information systems, and disruptions from cyber threats could materially affect its operations and financial condition [103]. Nautical Ventures Acquisition - The company expanded its business through the acquisition of Nautical Ventures in June 2025, which introduces additional operational risks [64]. - Nautical Ventures' dealership business model is highly leveraged, with significant debt incurred for inventory purchases and property mortgages [67]. - Nautical Ventures accounted for approximately 92.8% of total revenue for the fiscal year 2025, despite only two and a half months of operations within that period [133]. - Revenue from Nautical Ventures primarily derived from the sale of boats from third-party manufacturers, with approximately 89% and 90% of revenues for the year ended December 31, 2024, and the three months ended March 31, 2025, respectively [134]. - Nautical Ventures achieved annual sales near or over $100 million in its past two full calendar years, with boat sales accounting for approximately 80.5% of total revenue in fiscal year 2025 [138]. - Nautical Ventures operates eight locations in Florida, including four dealerships and a marina, contributing significantly to the company's asset base [133]. Electric Powertrain Development - The commercialization of the electric powertrain is uncertain, with no significant customers currently established [88]. - The company plans to upgrade its electric powertrain technology and introduce new models to remain competitive in the electric powerboat industry [97]. - A Manufacture and Supply Agreement with Linamar Corporation was established for the mass production of the E-Motion™ electric powertrain, with a production capacity of 300 powertrains and 150 boats per year at current facilities [98]. - The company did not meet its goal of manufacturing approximately 50 powerboats and beginning commercialization of electric powertrains in 2023, which may require reassessment of business plans [99]. - The company has filed thirteen patent applications related to the E-Motion™ powertrain system and plans to file an additional eleven applications in the next twelve months [107]. - The first fully-electric outboard powertrain system has a maximum power of 180 HP (135 kW), maximum torque of 250 ft.lb (340 Nm), and efficiency of 96% [181]. - The company recorded powertrain efficiencies of more than 96%, significantly higher than the 54% efficiency of the principal competitor's product [148]. - The company generated approximately $57,000 in revenue from the sale of its powertrains in the 2025 fiscal year [149]. - The company announced a strategic partnership with Armada Pontoons to introduce a new electric pontoon boat design [167]. - The E-Motion™ Electric Powertrain System has been approved for inclusion in California's CORE Voucher Incentive Project, allowing for point-of-sale vouchers of up to $170,000 per unit [172]. Future Outlook and Strategy - The company plans to open another rental operation in Dania Beach, Florida, to enhance brand awareness and revenue generation [151]. - Electric boats are expected to see increased sales through Nautical Ventures, leveraging Vision Marine's experience in the electric boating market [141]. - Nautical Ventures aims to sell electric powertrains to OEMs and directly to consumers, identifying a viable market opportunity despite competition [218]. - The company emphasizes its competitive advantages, including proven retail experience and a strong brand reputation [219]. - The company is aware of potential competition from established manufacturers like Torqeedo and the risk of OEMs producing their own powertrains [218]. - The company focuses on strategic high visibility geographic positioning for its dealerships and operations [219].

Core Insights - Vision Marine Technologies Inc. reported a 40% year-over-year increase in marketing-attributed sales during the 2025 Fort Lauderdale International Boat Show (FLIBS) campaign period [1][4] - Sales activity reached approximately US$10.4 million and 30 boats sold, compared to US$7.4 million and 20 boats in the same period in 2024 [2] - The company attributes its strong performance to focused pre-show marketing and coordinated brand activations [4][5] Sales Performance - The sales increase was measured from September 30 through November 12, encompassing a one-month pre-show and two-week post-show window [2] - Nautical Ventures' total retail performance for the campaign period represented a 40% increase in total volume and value over the comparable 2024 timeframe [4] Marketing Strategy - The company executed focused pre-show marketing and brand activations four weeks prior to FLIBS, which significantly contributed to sales [4] - Integrated digital and social outreach, targeted CRM activity, and on-water demonstration initiatives were key components of the marketing strategy [4] Event Engagement - At FLIBS 2025, Vision Marine and Nautical Ventures showcased a comprehensive display, combining electric and internal-combustion platforms [5][6] - The AquaZone™ presented by Nautical Ventures achieved higher attendance and consumer participation than the previous year, generating more qualified leads and retail inquiries [5] Future Outlook - Vision Marine expects to finalize its full FLIBS campaign results by the end of November and continues to focus on retail efficiency and event-based marketing initiatives [7] - The company aims to drive sustained consumer engagement across its eight Nautical Ventures locations in Florida [7][8]

Core Insights - Vision Marine Technologies has made significant strides in enhancing its financial position and operational efficiency following the acquisition of Nautical Ventures, with a focus on high-voltage marine propulsion and premium boating experiences [1][7] Sales Performance - In the 120 days post-acquisition, Vision Marine and Nautical Ventures sold 166 boats, with Axopar leading sales at 40 units, followed by Beneteau Group brands with 14 units, and Tenders with 44 units [2] - Adventure boats under 45 feet emerged as the strongest sales segment, highlighting their importance in Nautical Ventures' retail activities and margin generation [2] Operational Efficiency - Nautical Ventures successfully reduced inventory across all major categories while maintaining stable throughput, focusing on the most profitable product segment, which improved operational balance and gross margins [4] - The company achieved a reduction of over 40% in floor-plan financing exposure and a decrease in inventory exceeding 25%, indicating tighter working-capital control and improved cash-flow discipline [5] Financial Improvements - The sale of two properties in North Palm Beach generated approximately $3.9 million in net proceeds, which are being reinvested into Nautical Ventures' operations and used to reduce floor-plan financing [6] - Vision Marine anticipates annual savings of approximately $1.6 million from these strategic operational moves, including an estimated $0.8 million reduction in annual operating expenses [6] Strategic Focus - The integration strategy is yielding tangible results, with the company focused on strengthening liquidity, optimizing retail operations, and aligning Nautical Ventures' structure with long-term growth objectives [7] - Vision Marine continues to execute its two-pillar strategy of technology and retail, aiming to enhance operational efficiency and drive sustainable growth across its network [7]

MONTREAL, QC / ACCESS Newswire / November 11, 2025 / Nautical Ventures, a subsidiary of Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), proudly congratulates its sponsored driver Shaun Torrente, who captured the superstock crown with its overall victory at the 44th Annual Race World Offshore Key West World Championships this past weekend in the Florida Keys. Competing in the Super Stock Class, Torrente-alongside throttleman Matt Jamniczky-delivered commanding performances t ...

Core Insights - Vision Marine Technologies Inc. is consolidating operations of Nautical Ventures to improve efficiency and resource allocation across its retail and service network in Florida [1] Group 1 - The company has completed the sale of its property at 139 Shore Court, following the recent sale of another property at 300 U.S. Highway 1 in North Palm Beach, Florida [1] - A long-term lease has been secured with the buyer of the Shore Court property, allowing Nautical Ventures to continue operating as a full dealership and service center at that location [1]

Core Insights - Vision Marine Technologies Inc. has announced a collaboration with Shaun Torrente Racing to equip the new Sterk 31e with advanced jackplate technology [1] - The Sterk 31e is positioned as a luxury day cruiser, marking a significant advancement in electric boating technology [1] Company Summary - Vision Marine Technologies is recognized as a global leader in electric marine propulsion [1] - The collaboration with Shaun Torrente Racing highlights the company's commitment to innovation in the electric boating sector [1] Industry Summary - The partnership signifies a trend towards integrating high-performance technology in electric marine vessels, enhancing consumer offerings in the luxury boating market [1] - The development of the Sterk 31e reflects the growing demand for sustainable and high-tech solutions in the marine industry [1]